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Domestic Equity fund

Hartford MidCap Value Fund    Share Class - I (HMVJX)


Objective

Seeks long-term capital appreciation.

Overview

A mid-cap fund that seeks deeply discounted companies with temporary or cyclical issues in which the upside potential is overlooked.

Portfolio Management
Senior Managing Director
Equity Portfolio Manager
5
YRS
MANAGING THIS FUND
16
YRS
AT WELLINGTON MANAGEMENT
25
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio manager is supported by the full resources of Wellington.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 10/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 10/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap Value I -8.76 -4.06 7.83 6.32 9.62 8.13
Benchmark -12.83 -10.18 7.50 6.49 10.42 ---
Morningstar Mid-Cap Value Category -8.90 -5.76 8.54 6.66 9.82 ---
 
CUMULATIVE %
(as of 9/30/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford MidCap Value I -17.29 -9.07 4.96 4.55 8.63 7.67
Benchmark -20.36 -13.56 4.50 4.76 9.44 ---
Morningstar Mid-Cap Value Category -17.88 -11.31 5.22 4.59 8.65 ---

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

SI = Since Inception. Fund Inception: 04/30/2001

Share Class Inception: 5/28/10.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 4/30/01.

Characteristics

FUND ESSENTIALS
Inception Date 04/30/2001
Net Assets $887 million
Total Operating Expenses 0.85%
Morningstar Category Mid-Cap Value
Lipper Classification Mid-Cap Core Funds
CUSIP 41664M425
Fund Number 1552
FUND STATS
# of Holdings
81
% in Equities
99
% in Foreign Equities
4
Beta (3 year)
0.98
R Squared (3 year)
0.97
Standard Deviation
24.18%
Turnover- (9/30/2022)
84%
Active Share
90%
Holdings Characteristics
FUND Russell Midcap Value Index
Price/Earnings
11.2x 12.7x
Price/Book
2.0x 2.1x
EPS Growth Rate
15.1% 10.7%
Asset Weighted Market Cap (billions)
$15.4 $19.8
Return on Equity
11.9% 13.1%
Median Market Cap (billions)
$8.7 $9.1
Top Ten Holdings (%)
AerCap Holdings N.V. 2.04
Coterra Energy, Inc. 1.98
Kemper Corp. 1.95
Welltower, Inc. 1.95
Builders FirstSource, Inc. 1.92
Diamondback Energy, Inc. 1.82
Dollar Tree, Inc. 1.82
Centene Corp. 1.80
Marathon Oil Corp. 1.76
Voya Financial, Inc. 1.76
Total Portfolio % 18.80
Welltower, Inc. 2.16
Builders FirstSource, Inc. 2.04
Arthur J Gallagher & Co. 1.96
AerCap Holdings N.V. 1.88
M&T Bank Corp. 1.85
Globe Life, Inc. 1.84
Kemper Corp. 1.81
Lennar Corp. 1.77
Leidos Holdings, Inc. 1.75
Dollar Tree, Inc. 1.74
Total Portfolio % 18.80
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 16
$5 billion - $10 billion 32
Greater than $10 billion 52
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
-0.09
Down Capture (5 Year)
97.97
Information Ratio (5 Year)
-0.04
Sharpe Ratio (5 Year)
0.34
Up Capture (5 Year)
97.76
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

9/30/22 10/31/22 10/31/22 -6 0 6
Industrials 22 21 15
Health Care 11 10 7
Financials 21 21 19
Consumer Discretionary 10 11 10
Information Technology 10 10 9
Energy 5 6 6
Consumer Staples 3 3 4
Communication Services 3 2 3
Materials 4 4 7
Utilities 6 5 9
Real Estate 7 6 11
Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
12/30/2021 17.96 $0.0613 $0.0000 $0.0000 $0.0613
12/13/2021 17.56 $0.0000 $0.4386 $0.8535 $1.2921
Past distributions are not indicative of future distributions.

Fund Literature


09/30/2022 - PDF (143 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
09/30/2022 - PDF (126 KB)
Current quarterly commentary from our sub-adviser, Wellington Management, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (137 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
09/30/2022 - PDF (422 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, and general portfolio parameters.
PDF (3 KB)
An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
PDF (13 KB)
A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
PDF (3 KB)
An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Mid-cap securities can have greater risks and volatility than large-cap securities. • Different investment styles may go in and out of favor, which may cause the Fund to underperform the broader stock market. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur.
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Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA|SIPC. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

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